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not the marginal tax rights of individuals. that's my view. >> cenk: then you go to the defense industry, we've got one of their c.e.o.'s: >> cenk: don't get too excited the defense contractors are on our side. here's the reality. if we don't do a deal, we take $600 billion in defense cuts. that usually comes from the defense contractors. so they're like what! cuts in defense! no no, no, let's make a deal. we can raise them up a couple of points, that's all right. just don't take $7 billion from me. there's self interest there. there's tremendous moment to make this happen, unless you're looking at republicans. and we have got a treat for you today. we're going to do a little hot tub time machine action here. go back to 1993 when president clinton said that he was going to raise the marginal tax rates. here was those same old republicans, making the same old points 19 years ago. >> we have a solid plan ready to go to reduce the deficit calling for no tax increases and true cuts in government spending. >> as opposed to the clint
not the marginal tax rights of individuals. that's my view. >> cenk: then you go to the defense industry, we've got one of their c.e.o.'s: >> cenk: don't get too excited the defense contractors are on our side. here's the reality. if we don't do a deal, we take $600 billion in defense cuts. that usually comes from the defense contractors. so they're like what! cuts in defense! no no, no, let's make a deal. we can raise them up a couple of points, that's all right. just don't take $7...
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Dec 6, 2012
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the tax cuts entime entitlement cuts. >> i'm not sure that they won't fold on the tax cuts. once again you have to step back from the observation of what's going on in washington now, and remember we're fighting whether or not the top marginal rates should be in the low 30s or not. we should roll back the reagan tax cut but i don't believe in miracles. >> eliot: charles, what you're say something critically important. we're all in a way falling prey to this issue as if they're big issues when they're not. the fact that the rate would go from 35 to 39.6, it used to be in the 90s and 70s and 60s, and capital gains will be taxed at below the rate of ordinary income. we're dealing with the most minimal of shifts and changes yet we're being sucked into the notion that this is dramatic. it's not. >> you divided the republicans in three separate camps. i would say that the difference between the theological theocrats and the tee tea party is minimal. to a certain extent the policies that plays out with the theocrats is economics. four republicans have become identity politics. they
the tax cuts entime entitlement cuts. >> i'm not sure that they won't fold on the tax cuts. once again you have to step back from the observation of what's going on in washington now, and remember we're fighting whether or not the top marginal rates should be in the low 30s or not. we should roll back the reagan tax cut but i don't believe in miracles. >> eliot: charles, what you're say something critically important. we're all in a way falling prey to this issue as if they're big...
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Dec 6, 2012
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our tax revenues are down. historically they have been about 18 to 19% of the gross domestic product. part of that is the recession, but significant loss of revenue is because of the bush tax policies, and it was based on this idealogical fiction if you lower taxes it will increase revenues. and their focus was lowering taxes at the high end. we had higher tax rates under clinton, and we created 40 million jobs and had a surplus. then the bush folks came in put the war on the credit card prescription drugs on the credit card, and lowered taxes at the high end, and we had only 700,000 jobs, and had astonishing deficits since then. >> stephanie: the same l.a. times piece even makes that case with the war in afghanistan winding down, the military is asking for less than congress wants to give. so i think there has been so much hysteria over this fiscal cliff that i'm not sure it's warranted. >> that's exactly right. and also the ryan budget you know, their doctrine -- and it really is doctrining. lower taxes for t
our tax revenues are down. historically they have been about 18 to 19% of the gross domestic product. part of that is the recession, but significant loss of revenue is because of the bush tax policies, and it was based on this idealogical fiction if you lower taxes it will increase revenues. and their focus was lowering taxes at the high end. we had higher tax rates under clinton, and we created 40 million jobs and had a surplus. then the bush folks came in put the war on the credit card...
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Dec 7, 2012
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and then he accuses president obama of taxing christmas. [ applause ] >> taxing christmas. >> stephanie: it's not even worth my energy to explain. >> how do you tax christmas? >> stephanie: you don't, and that's why -- you don't. you don't. [ sighs ] >> stephanie: like that added anything to the show. >> you want an angel on the top of the tree it is going to cost you. obama is going to charge you a million dollars. >> stephanie: all right. forty-six minutes after the hour. right back own the "stephanie miller show." >> on the stephanie miller radio show in suburban america this morning -- >> announcer: it's the "stephanie miller show." ♪ [ boy 1 ] hey! that's the last crescent. oh, did you want it? (vo) when the clock runs out when the last card is played i want the people who watch our show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. i want this show to have an impact beyond just i
and then he accuses president obama of taxing christmas. [ applause ] >> taxing christmas. >> stephanie: it's not even worth my energy to explain. >> how do you tax christmas? >> stephanie: you don't, and that's why -- you don't. you don't. [ sighs ] >> stephanie: like that added anything to the show. >> you want an angel on the top of the tree it is going to cost you. obama is going to charge you a million dollars. >> stephanie: all right. forty-six...
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Dec 7, 2012
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and then he accuses president obama of taxing christmas. [ applause ] >> taxing christmas. >> stephanie: it's not even worth my energy to explain. >> how do you tax christmas? >> stephanie: you don't, and that's why -- you don't. you don't. [ sighs ] >> stephanie: like that added anything to the show. >> you want an angel on the top of the tree, it is going to cost you. obama is going to charge you a million dollars. >> stephanie: all right. forty-six minutes after the hour. right back own the "stephanie miller show." >> on the stephanie miller radio show in suburban america this morning -- >> announcer: it's the "stephanie miller show." ♪ [ boy 1 ] hey! that's the last crescent. oh, did you want it? (vo) when the clock runs out when the last card is played what will be remembered? explore the lives of the famous and infamous who changed our world forever. experience the drama, back to back to back. of all the hours in all their days, the ones you'll never forget are the final 24. don't miss the final 24 mini-marathon this sunday on current tv. save the best for last. [ boy 1 ] hey! t
and then he accuses president obama of taxing christmas. [ applause ] >> taxing christmas. >> stephanie: it's not even worth my energy to explain. >> how do you tax christmas? >> stephanie: you don't, and that's why -- you don't. you don't. [ sighs ] >> stephanie: like that added anything to the show. >> you want an angel on the top of the tree, it is going to cost you. obama is going to charge you a million dollars. >> stephanie: all right. forty-six...
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Dec 3, 2012
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tax cuts, big tax cuts for rich people started under george w. bush and then we had the biggest economic collapse since the great depression. what does that tell you? >> stephanie: why can't they ever acknowledge that? they ran away from bush. no one campaigned on george bush. they must know his policies didn't work. why are they pretending they did? >> he wasn't even at the convention. >> memory hole. >> stephanie: gee, who was really front and center of our campaign? bill clinton! kind of weird. >> good president. >> stephanie: mary in pennsylvania. hi mary. >> caller: hi, there. i love your show. didn't start watching it until late in the campaign. and i feel like i found a wonderful friend. >> stephanie: aww. >> caller: my question is grover cleveland -- >> stephanie: his ideas are just as fresh. [ laughter ] >> caller: exactly. if he think the average career only lasts 25 years has he signed up all of those people to the pledge 20 years ago shouldn't we be getting ready to throw him a retirement party pretty soon? >> stephanie: yeah, one wou
tax cuts, big tax cuts for rich people started under george w. bush and then we had the biggest economic collapse since the great depression. what does that tell you? >> stephanie: why can't they ever acknowledge that? they ran away from bush. no one campaigned on george bush. they must know his policies didn't work. why are they pretending they did? >> he wasn't even at the convention. >> memory hole. >> stephanie: gee, who was really front and center of our campaign?...
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Dec 5, 2012
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give 98% of us tax relief. the things that both sides agree on and then the president yesterday thinks the president is poised to take off. obviously going over the cliff is the last thing anybody wants right now. >> i agree. i hear people on both sides talk about that. it may have been a contrived cliff. i know some folks call it a curve or whatever they want to call it. the fact of the matter is a large portion of any economy is the psychological effect of it. and you can't tell me that middle class -- i'm a teacher my wife and i -- that they're thinking about what happens if that tax bill changes on january 1st and they're making decisions about their spending right now. that's reality. the one thing i agree with republicans on in the 2010 elections was that the economy needed certainty. the thing that frustrates me is it is creating more uncertainty by them not signing on to this and passing it. >> stephanie: absolutely. what i was saying last hour, representative, the thing we're not falling for is some of
give 98% of us tax relief. the things that both sides agree on and then the president yesterday thinks the president is poised to take off. obviously going over the cliff is the last thing anybody wants right now. >> i agree. i hear people on both sides talk about that. it may have been a contrived cliff. i know some folks call it a curve or whatever they want to call it. the fact of the matter is a large portion of any economy is the psychological effect of it. and you can't tell me that...